Locked content Nextbike wins €6.77 mln tender in Finland

Nextbike Polska won a €6.77 million tender offer to deliver and operate the city bike system for the city of Oulu in Finland, the company said. The system will consist of 600 municipal smart bikes and should be launched by June 1, 2019. The contract is valid until October 31, 2028. Nextbike has abou...

Angel Poland Group launches new Wrocław scheme

Developer Angel Poland Group has obtained a building permit for and launched construction work on its Angel City Wrocław upscale residential project in Wrocław. Located close to the company’s already completed Angel Wings and Angel River housing schemes, the new development will comprise 370 apartme...

Locked content Costa Coffee guests will be able to test Huawei devices

Huawei and Costa Coffee started cooperation in Poland, implementing a pilot project in four Warsaw cafes. From December 17 cafe visitors will have access to display tables with Huawei devices. They will be able to test the new Smarfton Huawei P smart 2019 before its premiere and familiarize themselv...

Locked content Fuel prices decline to continue – analysts

Fuel prices decrease at stations should continue until Christmas. This week, analysts expect a further decline for both, gasoline and diesel prices. However, the price for gasoline is expected to be lower than last year, while diesel may be more expensive. Gasoline 95 price is expected to drop to PL...

Locked content Poland orders 4 more Jet Trainers M-346 from Leonardo

Polish Ministry of National Defense has exercised an option for acquiring four more M-346 Advanced Jet Trainers as outlined by the contract signed in March. By acquiring four more M-346s, Poland’s fleet expands to 16 aircraft. The option value is about €130 million. With this order, the Polish Air F...

Locked content Solaris to deliver 21 electric buses to Poznań

Bus producer Solaris signed a contract for delivery of 21 electric buses to Poznań. The order consists of 15 articulated buses and six buses of standard length. These are the first electric buses ordered by Poznań. The contract value is over PLN 70 million. All buses should be delivered by the end o...

Locked content 77% of Poles heard about so-called KNF scandal – CBOS

The vast majority of Poles – 77 percent – have heard about the so-called KNF scandal, according to a survey by pollster CBOS. Half of them think that state institutions did not react quickly enough to the scandal. 47 percent expect that the state authorities will try to cover up the matt...

Locked content November inflation at 1.3%, flat m/m – GUS

Poland’s inflation rate stood at 1.3 percent y/y in November, Central Statistical Office (GUS) reported. The growth of consumer goods and service prices was flat compared to October. Earlier, GUS reported in a flash estimate that November inflation stood at 1.2 percent y/y and unchanged m/m. E...

Locked content BIEC: economic sentiment falls in December

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) fell by 0.3 points monthly. “It was the fourth consecutive decline, and in the last two months the decline was so significant that slight decrease in the CPI price ind...

Locked content Mercor November orders up by 10% y/y

Producer of fire protection systems Mercor received orders for about PLN 28.1 million in November, registering a growth of 10 percent y/y. In the June-November period, Mercor orders amounted to about PLN 202 million versus PLN 180.9 million in the same period a year ago. This is a 12 percent increas...